Xcel Energy

Overview

Xcel Energy was incorporated in 1909 and headquartered in Minneapolis, Minnesota. It is a major U.S.-regulated electric and natural gas delivery company. The Company serves customers in eight states, including portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy provides a comprehensive portfolio of energy-related products and services to approximately 3.8 million electric customers and 2.1 million natural gas customers through four utility subsidiaries. Xcel Energy has a vast distribution network, owning and operating approximately 210,000 conductor miles of distribution lines across our eight-state service territory. In 2022, Xcel Energy had 11,982 full-time employees and generated 15,310 Million in revenue.

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Quick Facts

Company Name Xcel Energy
Industry Energy & Utilities
HQ Address Minneapolis, Minnesota, US
Revenue $15,310 Million [2022]
Employee Size 11982
Company Type Public
Fiscal Year-End December 31st
Website my.xcelenergy.com
Subsidiaries Northern States Power Company (a Minnesota corporation), Xcel Energy Wholesale Group Inc., Xcel Energy Markets Holdings Inc., Xcel Energy Ventures Inc., Xcel Energy Retail Holdings Inc., Xcel Energy Communications Group Inc. and More
Locations 8 Western and Midwestern states
Competitors American Electric Power, Entergy, Edison International, Evaporcool, and Allete
Recognition & Awards Xcel Energy was recognized with two Emergency Recovery Awards in 2020 for its outstanding efforts to restore service to customers after a Minnesota tornado in August 2020 and Winter Storm Billy in Texas in October 2020

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